Drilling & production

The transaction covers all of Equinor’s interests in the Eagle Ford Joint Venture (JV) with Repsol, covering 69 000 net acres. Following this transaction Repsol will have a 100% interest in the asset.

The well targeted an extension of the Upper Jurassic Rogn Formation sandstone which forms the main reservoir of the producing Draugen field.

Gravity's acquisition of On Point will create the largest commercial produced water disposal company by injection volumes in the Midland Basin.

Cooper Energy and Beach Energy are conducting a appraisal programme in the Cooper Basin.

The drilling service provider demonstrated its quality management system met the strict criteria set out by API after being audited in October.

The company has reduced its 2020 CAPEX forecast by approximately 30%.

The company's operating cash flow totalled US$597 million, a 22% increase compared to the second quarter. Third-quarter oil production increased 19% year-over-year, exceeding guidance.

Sparrows Group has doubled the size of its operations in the United Arab Emirates after securing contracts worth in excess of £55 million in the past three months.

The company has expanded its teams in the Middle East and Mexico.

The Tambak-1 well is located approximately 4.5 km north of the Mako South-1 location and is designed to both appraise the extent of the Mako gas field as well to test the underlying Tambak prospect.

The discovery was the first well drilled in Kosmos’ infrastructure-led exploration (ILX) in offshore Equatorial Guinea.

Ashley Sherman, principal analyst, Caspian upstream reflects on Chevron's confirmed cost increases and delays.

Tower Resources plc provides an update on operations on the Thali block in Cameroon.

The company is currently working on several geothermal projects in Bavaria, Germany.

Through collaboration, innovative technologies and digitisation the newly formed alliance endeavours to transform conventional intervention operations with clear targets of propelling hydrocarbon production on new and existing assets on the Norwegian Continental Shelf.